The original IMF proposal unleashed a wave of protests, with road blocks throughout the country, which forced the government of Carlos Alvarado to withdraw the initiative.
Costa Rica will begin negotiations for a loan from the International Monetary Fund (IMF) during the second week of January, Finance Minister Elian Villegas announced.
The Costa Rican Presidency on Tuesday introduced two new bills and supported six others meant to help the country cut costs in context of a growing financial crisis.
President Carlos Alvarado still intends for Costa Rica to negotiate with the International Monetary Fund (IMF) to address the country's looming financial crisis.
